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Geopolitical developments weigh on securitizations
Featured

Geopolitical developments weigh on securitizations

9 June 2022 Editors

The weapon that helped banks in their fight against NPLs, that is, the Hercules program, seems to have been hit…

PM on Bloomberg: Bad Bank can wait
News Feed

PM on Bloomberg: Bad Bank can wait

18 June 2020 Christos N Konstas

In an interview with Bloomberg, referring to the bad bank option, Prime Minister Kyriakos Mitsotakis said: “it’s one option, but I don’t think…

Piraeus Bank NPEs stand over 24 billion Euros
Finance

Piraeus Bank NPEs stand over 24 billion Euros

2 June 2020 Christos N Konstas

Piraeus Bank reported that NPEs stood at 24.1 billion Euro at the end of March 2020 down from 24.5 billion…

Scope Ratings sees sharp slowdown in NPLs reductions from Greek lenders
News

Scope Ratings sees sharp slowdown in NPLs reductions from Greek lenders

23 March 2020 Christos Ziotis

  European credit rating agency Scope Ratings sees a sharp slowdown in the pace in which Greece’s four systemic banks…

At 8 bn. euros the stock of NPLs sold to funds in 2019
Featured

At 8 bn. euros the stock of NPLs sold to funds in 2019

20 March 2020 Christos Ziotis

NPL rate still high at 40,3%. ***In total  NPLs of 10.06 bill.euros are under legal protection. ***
29.7% of mortgages NPLs are now under a legal protection scheme.

Concerns rise among banks. loans servicers over fresh spike in bad loans
Featured

Concerns rise among banks. loans servicers over fresh spike in bad loans

12 March 2020 Konstantinos Papagrigoris

Updated 2.   The slowdown in the Greek economy caused by the coronavirus has triggered growing concerns among banks and…

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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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